Personal Finance and Investing Articles | Cove Financial Planning

After months of debate, Congress finally passed some major changes to retirement laws at the end of 2022. Check out the biggest retirement-rule changes in the SECURE Act 2.0 for 2023.

Some investors worry about the probability of a market downturn after a recession is announced. History shows, however, that markets account for potential recessions far before their official announcement, and much more information is priced into market volatility outside of recessionary risks.

Rising interest rates can definitely weigh on stock-market returns, but it’s important to keep a few things in mind in this uncertain environment to make sure you stay on track towards longer-term goals.

The market continues its rollercoaster ride this year as inflation remains high. Despite all the uncertainty and media noise, there are plenty of planning and investment opportunities to make lemonade out of lemons.

As inconvenient (or downright scary) as a market correction is, they can provide great opportunities, specifically to those hoping to lower their taxes. Roth conversions are one of the most impactful ways to reduce your tax bill during your lifetime, and with the market downturn this year, they’ve become even more appealing.

If you think there’s a lot going on in the markets and economy, you’re not wrong, and you’re not alone. Let’s look into what’s driving this craziness in the context of historically similar market cycles.

What’s guaranteed by the US government and pays a nearly 10% interest rate per year? Series I Savings Bonds!

Since Russia’s invasion of Ukraine last week, the US stock market has actually gone up. Some people have asked me why that is. It turns out, it’s not that unusual.